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Just received pay increase, good or bad?

  • 14-04-2008 12:54PM
    #1
    needhelpguy
    Registered Users, Registered Users 2 Posts: 202 ✭✭


    I'm 22 and working in an office doing pricing related work for an American transglobal company. I'm permanent and on 26k/yr. Got a 3.39% wage increase today (instead of the 4% it was supposed to be because I'm permanent less than a year). Is this good or bad? I'm a bit disappointed....


Comments

  • #2
    Heisenberg.
    Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭Heisenberg.


    This post has been deleted.


  • #3
    Redpunto
    Registered Users, Registered Users 2 Posts: 2,024 ✭✭✭Redpunto


    The way the country is going at the mo I think if you get an increase at the rate of inflation youll be doing well!


  • #4
    ixus
    Registered Users, Registered Users 2 Posts: 2,435 ✭✭✭ixus


    needhelpguy wrote: »
    on 26k/yr. Got a 3.39% wage increase today (instead of the 4% it was supposed to be because I'm permanent less than a year). ....

    Ok, so you missed out on 0.61% of 26K = €158.6 per annum taxed at 20% = €126.88 per annum or €10.57 per week.

    You're in the company less than a year, I'd imagine they're well within their rights not to have given you a raise at all.

    22 and on that money isn't bad, especially if you have no major debt.

    What are you disappointed about again?


  • #5
    cronos
    Registered Users, Registered Users 2 Posts: 2,719 ✭✭✭cronos


    What qualifications do you have?


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